512 West Laconia Boulevard

Los Angeles, CA 90044

$1,800,000
Price
35,360 / 0.81
Lot Size / Acres

Description

Zoned as R3, this expansive property offers exciting development potential for approximately 44 apartment units. The parcel is strategically planned for a variety of options, featuring a Tentative Tract Map meticulously designed for 18 attached homes, Small Lot Subdivision, and the potential for up to 23 Single Family Lots. It's important to note that the Tract is currently pending approval, and a comprehensive review letter from the Los Angeles City outlines specific development requirements based...Zoned as R3, this expansive property offers exciting development potential for approximately 44 apartment units. The parcel is strategically planned for a variety of options, featuring a Tentative Tract Map meticulously designed for 18 attached homes, Small Lot Subdivision, and the potential for up to 23 Single Family Lots. It's important to note that the Tract is currently pending approval, and a comprehensive review letter from the Los Angeles City outlines specific development requirements based on the tentative tract map. Situated in the Southwestern part of Los Angeles, this property boasts proximity to major transportation arteries, including convenient access to the 110 and 105 Freeways. This strategic location enhances the appeal for future residents, offering an ideal commute to and from the area. While the current plan is in alignment with the tentative tract map, there exists flexibility for potential developers to explore alternative options. Whether considering the construction of apartments or pursuing an entirely different development plan, interested parties are encouraged to liaise with the Los Angeles City for guidance and to explore the diverse possibilities that this property holds. Seller financing available for up to 2 years with 50% down on approval by seller. Seller is flexible and willing to JV with a qualified developer. Please feel free to reach out for more information or to discuss your unique development vision for this promising parcel.
  1. Listed by Matthew Palanca • DRE #01317936 • Brokerage DRE #01933507 • Keller Williams Realty • 888-456-5789

Property Details for 512 West Laconia Boulevard

View
None
Lot Size Source
Assessor
Assessor Parcel Number
6132-001-020
New Construction
No
Pool
No
View
No
Association
No
Association Fee
$.00

Location

Listing Courtesy of Keller Williams Realty, Matthew Palanca, DRE #01317936
Add your commute
LISTING UPDATED: 04/25/2024 11:20 AM

Property Details for 512 West Laconia Boulevard

StatusActive
MLS #PW23230495
Days on Market126
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.81 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty, Matthew Palanca, DRE #01317936
Add your commute

Building Information for 512 West Laconia Boulevard

Lot Size0.81 AC

Payment Calculator

$9,823 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 512 West Laconia Boulevard

Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • Tax Block: 18
  • Tax Census Tract: 2911.10
  • CFD/Mello-Roos Fee: $57
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Exterior Features
  • Fence: Chain Link
  • Fencing: Block, Chain Link
  • View Description: None
Distance To
  • Distance To Water: NA
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft
  • Current Use Comments: Raw Land
  • Land Lease: Yes
  • Land Lease Amount: $0
  • Land Lease Type: Lease
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 512 West Laconia Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 512 West Laconia Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Charter - 6 to 12
Rating
School
Distance
West Athens Elementary School
PublicK to 5

Animo Charter Middle No. 3
Charter6 to 8

Alain Leroy Locke College Prep Academy
Charter9 to 12

New Designs Charter School-Watts
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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512 West Laconia Boulevard is a 0.81 ac of land for sale in Los Angeles, CA 90044. This property was listed for sale on December 27, 2023 by Keller Williams Realty, it's currently listed at $1,800,000. This listing's school district is Los Angeles Unified School District. Nearby schools include West Athens Elementary School, Animo Charter Middle No. 3 and Alain Leroy Locke College Prep Academy. 512 West Laconia Boulevard is a 0-bed, 0-bath, 0.81 ac of land on a 35,360 sq. ft. / 0.81 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Matthew Palanca, DRE #01317936

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.